Topic Tests and Other Sample Questions

CFA Level I
#1

Hi all,

I am preparing for the December exam - have been studying since April. I have been reading through the CFAI curriculum (no third party providers), and watching Mark’s videos whenever I get stuck in a certain topic. Currently, I am more than halfway through FRA (which is a struggle, given my non-finance background) and have Econ and Ethics left.

I am also revising the other topics in the meantime - and really appreciate a lot of the insights quite a few of you have provided. In terms of sample questions, I would like to ask where you get your questions from. Right now, I have been doing the following:

  • CFA EOC and examples

  • Kaplan Qbank

  • CFA Topic tests

I have noticed that the CFA topic tests pretty much repeat the same questions if I do it more than once. So, I assume that doing the topic tests more than twice is pretty much moot (apart from redoing any questions where I think I need some more time to understand)?

Any other suggestions in terms of practice? In other words, I get that practice makes perfect - but, if I keep redoing the same questions again and again, I feel it might be giving me a false sense of security of scoring 90%-100% each time (just because I feel some of the questions look like they repeat)?

Thanks.

#2

Yea, I wouldn’t be repeating questions too often. If you can afford it, consider getting Apptuto’s Level 1 question bank, I believe it’s still $100 USD. I thought they were great prep questions for the real exam at Level 1. Best of luck!

#3

Yes, Practice not only makes you Perfect, but it also builds confidence, clear your concepts and helps you recall your answers faster. That’s why I would advise you to subscribe to PrepSmarter. They have over 7000+ Questions for CFA level 1 alone and their Adaptive practice engine analyzes your weakness and prepares you accordingly. I am using it for Dec 2017 exam too. They also have a 7 day’s trial you can check it out and have a taste of their system and how it works.